Company Law of the People's Republic of China (Adopted at the Fifth Meeting of the Standing Committee of the Eighth National People's Congress on December 29, 1993 and promulgated by Order No.16 of the President of the People's Republic of China on December 29, 1993 and effective as of July 1, 1994)

Chapter XI - Supplementary Provisions

Metadata

Manifest

Company Law of the People's Republic of China (Adopted at the Fifth Meeting of the Standing Committee of the Eighth National People's Congress on December 29, 1993 and promulgated by Order No.16 of the President of the People's Republic of China on December 29, 1993 and effective as of July 1, 1994)

Section 2 - Organizational Structure

Article 45

The members of the board of directors of a limited liability company invested in the established by two or more State-owned enterprises, or by two or more other State-owned investment entities shall include representatives of the staff and workers of the company. Such representatives of the staff and workers shall be democratically elected by the staff and workers of the company.

A board of directors shall have a chairman and one or two vice-chairmen. The method for the creation of the chairman and vice-chairmen shall be stipulated in the articles of association of the company.

started @The University of Tromsø, Norway, 1993
hosted by The University of Oslo, Norway, since 1998
in fellowship with The Institute of International Commercial Law,Pace University, White Plains, New York, U.S.A.